Key hiring metrics: Useful benchmarks for tech roles

Workable

You may know your own key hiring metrics like your average time to fill or how many qualified candidates you need to make a hire, but what’s the significance of these numbers? This metric is part of the overall group of metrics called recruiting yield ratios.

Solidifying a Competitive Advantage with Engagement Benchmarking

Ultimate Software

Few departments are exempt from regularly analyzing and reporting metrics to the C-suite, and long-term tracking of this data is invaluable. Considering talent is typically the most expensive line in the budget, this is a missed opportunity to potentially cut costs and increase productivity.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Key hiring metrics: Useful benchmarks for tech roles

Workable

You may know your own key hiring metrics like your average time to fill or how many qualified candidates you need to make a hire, but what’s the significance of these numbers? This metric is part of the overall group of metrics called recruiting yield ratios.

19 Recruiting Metrics You Should Know About

Analytics in HR

Recruiting metrics are an essential part of a data-driven hiring and recruitment analytics. However, if you would keep track of every recruiting metric you could find on the web, you’d have no time left to do actual recruiting! What are recruiting metrics? Time to productivity.

13 Product Management KPIs and Metrics You need to Know

SurveySparrow

As a product manager, you will have to know your product health, if there are any issues concerning your product, how does your team work on it and a lot more. You have a lot of data to assess so that you can improve your product and make it more desirable.

Mobility Metrics That Matter

HRO Today

That’s a tough question to answer, but luckily data is easing the cost implications of relocation while delivering additional insight into employee satisfaction, productivity, and retention. The post Mobility Metrics That Matter appeared first on HRO Today.

Product Update: Industry Benchmarks Make Insights Even More Accurate

Hireology

Insights – Hireology’s analytics platform –just received an update to make our benchmarks even more accurate. Industry benchmarks make it easy to measure and compare aspects of your hiring process to other businesses like yours to see how you stack against the competition.

Introduction to Recruiting Metrics FAQ

Workable

Recruitment metrics help you gauge the effectiveness of your recruitment process. Here are frequently asked questions and answers about recruiting metrics to help you understand recruiting data and use it to boost your hiring: Intro to Recruiting Metrics. More Recruiting Metrics.

Creating Benchmarks throughout Your Program

Viverae

Evaluating Your Wellness Program to Optimize Benchmark Success. While your company’s goals will affect your wellness program’s benchmarks, utilizing both VOI and ROI benchmarks within your program creates a healthy balance.

Recruitment process effectiveness metrics FAQ

Workable

Metrics help you identify strengths and weaknesses of your hiring process. What’s a good benchmark for qualified candidates per hire? What is the “Screened Candidates to Face-to-Face Interviews” metric? What is the “Face-to-Face Candidates Interviewed to Offers Extended” metric?

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. Instead, you must focus on metrics that demonstrate a direct impact on what CEO’s really care about, the firm’s strategic goals. The Benchmark Firm to Follow Is Google.

A Handful Of Expert Tips To Sustainably Increase Workplace Productivity

15Five

Over the last few years, employee productivity has become one of those ubiquitous business buzzwords like company culture and employee engagement. I can tell you that when we share posts on social media, the ones dealing with productivity outperform the others by a wide margin.

The Secret To Selecting and Measuring Key Employee Performance Metrics

EmployeeConnect

Measuring critical employee performance metrics offers organisations key benefits for attracting and retaining top talent while meeting operational imperatives. The primary benefits of employee performance metrics are tied to fostering better employee engagement, which enhances productivity, innovation, creativity, employee loyalty and longevity. That’s why today’s software applications for measuring key performance metrics are so valuable.

10 Metrics to Drive Hiring Success at Your Dealership

Hireology

Below, we’ve outlined several key hiring metrics – and why your team should be tracking this data and taking action based on the results. Hiring Process Metrics 1. To ensure your team follows the hiring process in place, you can tap into hiring metrics related to process adherence.

21 Employee Performance Metrics

Analytics in HR

Employee performance metrics are key to tracking how well employees are performing. However, when done right, employee performance metrics benefit both the organization and the employee. We listed the most important ones below and included some practical examples of each metric. There are various kinds of employee performance metrics. Work quality metrics. Work quantity metrics. Work efficiency metrics. Organizational performance metrics.

Benchmark Myopia and the Need for Business Drivers

SMD HR

It is a typical practice in many industries to be curious about, and focus on, benchmarks to get an idea of “where you stand” on a particular metric. To be clear, benchmarks are a good piece of information to know when examining your performance—but when leaders, particularly in HR, live and die (i.e., When you stop and think about it, a benchmark is just a pursuit to achieve somewhat better-than-average against a number that may not even reflect a true reality.

Recruiting email metrics: how to measure your email success

Workable

Recruiting email metrics help you measure the impact of your messages. Whether it’s to find out if a referred candidate would be a good fit for your company, or to inform a past candidate about a new job, use metrics to shed light on your digital recruiting techniques.

3 Hiring Metrics Your Team Should Track to Boost Hiring Efficiency

Hireology

With the right recruitment and hiring partner, you can follow a repeatable, streamlined process and have access to hiring metrics that can help you drive hiring efficiencies. . To speed up your time to hire, (hiring velocity), your team needs to tap into the right hiring metrics.

4 Drivers That Can Improve Productivity In The Workplace

nettime solutions

Companies build and drive productive workplace practices in many different ways. Sometimes, maintaining a productive workplace is simply baked into the company’s overall culture. Coworkers and managers sponsor competitions that promote teamwork and inspire productivity.

How to track time to hire metrics with Workable

Workable

These are questions you can answer by tracking the time to hire metrics. This metric refers to the number of days from when your eventual hire applies or gets sourced to when they accept your job offer. Why should I track time to hire metrics? How efficient are your hiring teams?

Webinar: Industry Spotlight: Higher Education - People Management and Labor Metrics that every CFO and President should know

Paycor

Paycor reviewed proprietary data from nearly 4,000 customers to identify key metrics that uncover opportunities to lower your labor costs and increase the productivity of your people. Identify key metrics that can be tracked and benchmarked for improved performance.

The Three Vital Metrics for Every Employment Role

Talent Analytics

The Three Vital Metrics for Every Employment Role. Likewise, “industry benchmarks” are next to useless – companies differ, regions are different, and enterprises evolve over time. Employees typically “ramp up” to productivity after weeks, months, or years.

The 5 Key Job Application Metrics You Need to Know

Yello

06/16/2017 // By tracy kelly // recruitment metrics. Here are the five job application metrics every recruiter needs to know to help improve the candidate experience. Monitor the number of applicants by position and department to set benchmarks and track application numbers over time. Understand which career fairs are most productive to refine event recruitment strategies. The post The 5 Key Job Application Metrics You Need to Know appeared first on Yello.

SocialChorus Wins Amplitude’s Standout Product Launch Award

SocialChorus

We’re proud to announce that we were awarded The Standout Product Launch Award at Amplitude’s Amplify product conference in San Francisco for our Innovation Lab. The post SocialChorus Wins Amplitude’s Standout Product Launch Award appeared first on SocialChorus.

What’s Your Most Useful Metric? More Results of Our HR Metrics Survey

HR Daily Advisor

In yesterday’s Advisor , we shared some of the results of our nationwide survey on HR metrics. 604 individuals participated in the HR Daily Advisor ’s HR Metrics Survey, conducted in April 2015. Compensation-Related Metrics. Benefits and Metrics.

6 Key Talent Acquisition Cost Reduction Metrics

Cielo HR Leader

There are six talent acquisition metrics that all organizations must track to identify where costs can be reduced and where improvements can be made to protect revenue, improve efficiency and increase quality of hire. Lingering positions lead to lost productivity – and a loss of revenue.

Are Your HR Metrics Outdated? Try These Four

Namely

When it comes to getting a full, clear view of a modern workplace and the people in it, standard HR metricsproductivity, costs, and turnover—just don’t cut it anymore. Better metrics make managers react proactively—rather than reactively—to changes in workplace culture and employee engagement. That’s not to say that tracking standard metrics is no longer necessary. That’s where the following metrics come into play. Metric 1. Metric 2. Metric 3.

The questions your key recruitment metrics need to answer

Workable

Hiring metrics, reports and Key Performance Indicators (KPIs) are only as useful as the questions they answer about your business. So, before we talk about the myriad of hiring metrics we can measure and plot in recruiting, let’s take a moment to think about what we’re trying to learn and why. You need to know how good you are at finding and attracting qualified people, also known as recruitment metrics analysis. Pipeline metrics will give you a lot to think about.

3 HR Talent Metrics You Should Start Tracking Today

Namely

Here are three metrics you can start tracking today: Quality of Hire Acquiring top talent is no simple task. The Quality of Hire metric is a quick index on a new hire’s adjustment, acclimation, and performance since joining the company. To define this metric you’ll need to establish success criteria—this could be how well a new hire fits with your culture, performs, or exhibits the required competencies, for example. The field of human resources is changing.

Introducing Insights: User-Friendly Reporting & Analytics To Unlock Your Hiring Metrics

Hireology

Hireology is excited to announce its latest feature: Insights – easy-to-understand reporting that provides clear visibility into hiring metrics, highlighting points of strength and weakness in the hiring process.

Remote Workforce NPS: The Most Important Metric You’re Missing

ConnecTeam

There are so many different metrics and acronyms, you’re forgiven if you don’t recognize this one. NPS may be the one metric you’ve never heard of that meets the speed and flexibility of the modern workforce. Companies have known the importance of employee engagement to the bottom line for decades: engaged employees are more productive, cost-effective , innovative, and of course loyal.

2017 Hireology Product Year in Review

Hireology

On the product side of the business, we made several updates to the Hireology platform in 2017, including the following: Payroll and Talent Management Integration.

HR Metrics for the C-Suite—Make HR’s Voice Heard!

HR Daily Advisor

HR analytics and metrics are highlighting the strategic value of human resources. HR teams are often tasked with creating the metrics and gathering the data that will drive business decisions. But how can an HR professional know which metrics to present? Focus on the metrics that the C-suite cares about. Skip metrics that don’t directly relate to decision points. Don’t forget about benchmarking and showing important trends.

Survey Says…

HRO Today

But to find the patterns and links between engagement and productivity, well-being, management, and all the other factors that drive business success, organizations need to ensure that they are gathering the right information. Finding the Right Metrics.

How Workday is Doubling Down on Data and Analytics

Workday

At Workday, we’ve designed all of our products to give customers more visibility—into their workforces, financials, recruiting pipeline, and more. We’re extending this visibility with two new products, Workday Benchmarking and Workday Prism Analytics. Workday Benchmarking, our first Data-as-a-Service (DaaS) offering, is now generally available. And, benchmarking results are surfaced in the Workday applications and dashboards that business users look at every day.

7 Metrics That the Most Data-Savvy Recruiting Teams Are Tracking

Linkedin Talent Blog

This powerful data-driven recruiting approach requires you to shift from the traditional intuitive and past practice-based approach and start tracking metrics beyond the popular quality of hire and time to fill.

Planning your recruitment budget for 2020: expert advice from a finance VP

Workable

With a standardized setup, you can start comparing past, present and future budgets by measuring them against established benchmarks.). If I’m going to hire someone in January, that means I’m going to have only nine months of full productivity from that in 2020.”.